Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
ALICE KOLB TAX EXEMPT CHAR TR
 
Number and street (or P.O. box number if mail is not delivered to street address)116 ALLEGHENY CENTER MALL P8YB3502L
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH, PA15212
A Employer identification number

83-6151744
B Telephone number (see instructions)

(412) 258-3051
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$2,390,249J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 68,753 66,979  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -40,691
b Gross sales price for all assets on line 6a 633,770
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,277    
12 Total. Add lines 1 through 11........ 30,339 66,979  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 26,073 20,858   5,215
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
1,787 1,261   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,398 1,398    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 29,258 23,517 0 5,215
25 Contributions, gifts, grants paid....... 113,239 113,239
26 Total expenses and disbursements. Add lines 24 and 25 142,497 23,517 0 118,454
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -112,158
b Net investment income (if negative, enter -0-) 43,462
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 112,509 69,374 69,374
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 387,822 Click to see attachment
List of Attached Documents:
// Content
375,265 		518,933
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,672,919 Click to see attachment
List of Attached Documents:
// Content
1,618,013 		1,801,942
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,173,250 2,062,652 2,390,249
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 2,173,250 2,062,652
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 2,173,250 2,062,652
30 Total liabilities and net assets/fund balances (see instructions). 2,173,250 2,062,652
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
2,173,250
2
Enter amount from Part I, line 27a .....................
2
-112,158
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
4,285
4
Add lines 1, 2, and 3 ..........................
4
2,065,377
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
2,725
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
2,062,652
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a 32. MERCK & CO INC     2023-01-11
b 92. VODAFONE GROUP PLC-SP ADR ADR SEDOL B59DQN9     2023-01-11
c 16. AMAZON COM INC   2018-03-19 2023-01-20
d 5. INTUITIVE SURGICAL INC   2018-03-19 2023-01-20
e 87. RIVIAN AUTOMOTIVE INC     2023-01-20
3. ROSS STORES INC   2021-06-22 2023-01-20
14. SEA LTD-ADR ADR SEDOL BYWD7L4     2023-01-20
6. STRYKER CORP   2018-03-19 2023-01-20
12. GILEAD SCIENCES INC     2023-01-31
16. GILEAD SCIENCES INC   2020-08-24 2023-02-06
17. JPMORGAN CHASE & CO   2022-08-15 2023-02-06
14. ALPHABET INC/CA-CL C   2018-03-19 2023-02-10
12. AMAZON COM INC   2018-03-19 2023-02-10
15. GILEAD SCIENCES INC     2023-02-15
20. GILEAD SCIENCES INC     2023-02-24
12. JPMORGAN CHASE & CO     2023-02-24
63. VODAFONE GROUP PLC-SP ADR ADR SEDOL B59DQN9   2022-05-24 2023-02-24
102. VODAFONE GROUP PLC-SP ADR ADR SEDOL B59DQN9     2023-02-24
8. CLOROX CO   2022-02-18 2023-03-07
7. JPMORGAN CHASE & CO   2022-10-06 2023-03-07
1. VODAFONE GROUP PLC-SP ADR ADR SEDOL B59DQN9   2022-05-24 2023-03-07
176. VODAFONE GROUP PLC-SP ADR ADR SEDOL B59DQN9     2023-03-07
972. FIDELITY REAL ESTATE ETF ETF   2021-02-25 2023-03-14
324. INVESCO QQQ TRUST ETF   2021-02-25 2023-03-14
5. CLOROX CO   2022-02-18 2023-03-30
21. DIGITAL RLTY TR INC     2023-03-30
7. ABBVIE INC   2019-07-03 2023-04-04
4. CLOROX CO   2022-04-08 2023-04-04
2. CLOROX CO   2022-02-18 2023-04-04
10. DIGITAL RLTY TR INC   2022-06-13 2023-04-04
13. DIGITAL RLTY TR INC   2021-03-04 2023-04-04
13553.878 BLACKROCK TOTAL RETURN-I   2021-02-25 2023-04-05
985.345 MFS EMERGING MKTS DEBT FD-R6   2021-03-18 2023-04-05
1075.048 METROPOLITAN WEST UNCONSTRAINED BOND FUND CLASS I   2021-02-25 2023-04-05
6905.435 PGIM HIGH YIELD FUND CLASS R6   2021-02-25 2023-04-05
8920.136 T ROWE PRICE INSTITUTIONAL FLOATING RATE FUND   2021-02-25 2023-04-05
26. BRITISH AMERICAN TOBACCO PLC SPONSORED ADR     2023-04-13
25. CISCO SYSTEMS INC   2022-06-13 2023-04-13
15. GILEAD SCIENCES INC     2023-04-13
38. BRITISH AMERICAN TOBACCO PLC SPONSORED ADR     2023-05-08
13. CLOROX CO     2023-05-08
56. BRITISH AMERICAN TOBACCO PLC SPONSORED ADR     2023-05-11
6. ALIGN TECHNOLOGY INC   2022-05-24 2023-05-17
13. FEDEX CORPORATION   2020-09-14 2023-05-17
19. MATCH GROUP INC     2023-05-17
4. NETFLIX INC   2022-11-02 2023-05-17
14. ROSS STORES INC     2023-05-17
7. SALESFORCE INC   2022-05-24 2023-05-17
6. SALESFORCE INC   2018-03-19 2023-05-17
7. ZOETIS INC   2023-01-20 2023-05-17
3. ASML HOLDING NV-NY SEDOL B908F01   2022-11-02 2023-05-17
2. ASML HOLDING NV-NY SEDOL B908F01   2018-12-20 2023-05-17
4. FERRARI NV - W/I SEDOL BZ1GMK5   2019-06-11 2023-05-17
1006. ISHARES BARCLAYS 7-10 YEAR TREASURY   2023-04-05 2023-05-26
19. SEA LTD-ADR ADR SEDOL BYWD7L4   2020-06-24 2023-06-01
16. CISCO SYSTEMS INC     2023-06-16
11. GILEAD SCIENCES INC   2020-10-22 2023-06-16
48. KEYCORP NEW   2022-08-15 2023-06-16
14. KEYCORP NEW   2022-05-24 2023-06-16
12. SOUTHERN CO   2022-11-17 2023-06-16
1. BOOKING HOLDINGS INC   2020-06-09 2023-06-22
37. LAS VEGAS SANDS CORP   2021-01-04 2023-06-22
3. UNITEDHEALTH GROUP INC   2022-11-02 2023-06-22
4. FERRARI NV - W/I SEDOL BZ1GMK5   2019-06-11 2023-06-22
19. EXPEDIA GROUP INC     2023-06-23
12. ROSS STORES INC     2023-06-23
13. KEYCORP NEW   2022-11-03 2023-06-28
49. KEYCORP NEW   2022-05-24 2023-06-28
21. CISCO SYSTEMS INC     2023-07-11
35. KEYCORP NEW   2022-11-03 2023-07-11
15. KEYCORP NEW   2022-06-13 2023-07-11
21. CISCO SYSTEMS INC   2022-06-30 2023-07-13
56. KEYCORP NEW   2022-06-13 2023-07-13
148. AT&T INC     2023-07-18
12. GLOBAL PAYMENTS INC-W/I     2023-07-27
9. HCA HEALTHCARE INC   2019-10-07 2023-07-27
15. ADVANCED MICRO DEVICES INC   2022-05-24 2023-08-30
3. INTUIT SOFTWARE   2023-05-17 2023-08-30
3. INTUIT SOFTWARE   2018-03-19 2023-08-30
7. MICROSOFT CORP   2018-03-19 2023-08-30
52. WALGREENS BOOTS ALLIANCE INC     2023-09-01
25. WALGREENS BOOTS ALLIANCE INC   2023-04-04 2023-09-11
57. WALGREENS BOOTS ALLIANCE INC     2023-09-11
4. AMGEN INC     2023-10-17
20. SANOFI SPONSORED ADR     2023-10-17
4. LULULEMON ATHLETICA INC   2020-03-31 2023-11-08
7. AMGEN INC     2023-11-17
16. UNILEVER PLC W/I SPONSORED ADR   2023-04-04 2023-11-17
23. UNILEVER PLC W/I SPONSORED ADR   2022-04-01 2023-11-17
7. LAUDER ESTEE COS INC CL A   2023-01-20 2023-12-01
18. CROWN CASTLE INC     2023-12-14
4. MCKESSON CORPORATION   2023-01-20 2023-12-18
10. CONSTELLATION BRANDS INC CL A     2023-12-26
6. HUMANA INC   2022-11-02 2023-12-27
16. PROCTER & GAMBLE CO   2023-05-17 2023-12-28
CAPITAL GAIN DIVIDENDS P    
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(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 3,534   2,318 1,216
b 980   2,977 -1,997
c 1,544   1,232 312
d 1,274   706 568
e 1,424   10,448 -9,024
348   359 -11
923   1,523 -600
1,530   994 536
999   795 204
1,387   1,056 331
2,385   2,062 323
1,327   769 558
1,169   924 245
1,269   958 311
1,631   1,265 366
1,684   1,394 290
740   1,042 -302
1,198   2,961 -1,763
1,218   1,187 31
972   762 210
12   17 -5
2,028   2,521 -493
24,385   26,458 -2,073
95,330   104,156 -8,826
775   742 33
1,965   2,812 -847
1,120   521 599
624   589 35
312   297 15
926   1,270 -344
1,204   1,663 -459
139,198   161,452 -22,254
11,430   14,534 -3,104
11,245   12,879 -1,634
31,765   38,256 -6,491
82,779   87,150 -4,371
915   1,048 -133
1,263   1,086 177
1,243   932 311
1,352   1,483 -131
2,183   1,879 304
1,913   2,151 -238
1,760   1,602 158
2,913   3,040 -127
607   2,789 -2,182
1,362   1,123 239
1,440   1,454 -14
1,459   1,092 367
1,250   747 503
1,257   1,145 112
1,997   1,404 593
1,331   306 1,025
1,174   620 554
97,113   101,033 -3,920
1,103   2,025 -922
835   691 144
871   660 211
478   926 -448
139   264 -125
855   787 68
2,669   1,782 887
2,150   2,148 2
1,440   1,649 -209
1,230   620 610
1,990   3,023 -1,033
1,307   1,110 197
120   230 -110
454   923 -469
1,087   903 184
342   619 -277
146   263 -117
1,081   895 186
583   982 -399
1,999   3,850 -1,851
1,295   1,940 -645
2,480   1,068 1,412
1,573   1,374 199
1,610   1,280 330
1,610   522 1,088
2,299   647 1,652
1,249   2,688 -1,439
544   893 -349
1,241   2,799 -1,558
1,136   1,000 136
1,082   1,079 3
1,646   760 886
1,866   1,707 159
757   845 -88
1,089   1,070 19
924   1,867 -943
2,091   2,967 -876
1,789   1,511 278
2,379   2,240 139
2,699   3,393 -694
2,325   2,478 -153
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
      24,041
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       1,216
b       -1,997
c       312
d       568
e       -9,024
      -11
      -600
      536
      204
      331
      323
      558
      245
      311
      366
      290
      -302
      -1,763
      31
      210
      -5
      -493
      -2,073
      -8,826
      33
      -847
      599
      35
      15
      -344
      -459
      -22,254
      -3,104
      -1,634
      -6,491
      -4,371
      -133
      177
      311
      -131
      304
      -238
      158
      -127
      -2,182
      239
      -14
      367
      503
      112
      593
      1,025
      554
      -3,920
      -922
      144
      211
      -448
      -125
      68
      887
      2
      -209
      610
      -1,033
      197
      -110
      -469
      184
      -277
      -117
      186
      -399
      -1,851
      -645
      1,412
      199
      330
      1,088
      1,652
      -1,439
      -349
      -1,558
      136
      3
      886
      159
      -88
      19
      -943
      -876
      278
      139
      -694
      -153
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -40,691
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 604
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 604
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 604
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 1,054
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,054
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 450
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow302 Refundedright arrow 11 148
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowMD
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrow  
14
The books are in care ofright arrowPNC BANK NA Telephone no.right arrow (412) 258-3051

Located atright arrow116 ALLEGHENY CENTER MALLPITTSBURGHPA ZIP+4right arrow15212
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
PNC BANK N A TRUSTEE
6 		26,073    
116 ALLEGHENY CENTER MALL
PITTSBURGH,PA15212
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
2,299,545
b
Average of monthly cash balances.......................
1b
0
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
2,299,545
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
2,299,545
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
34,493
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
2,265,052
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
113,253
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
113,253
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
604
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
604
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
112,649
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
112,649
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
112,649
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
118,454
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
118,454
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 112,649
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 112,436
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 0
b From 2019...... 0
c From 2020...... 0
d From 2021...... 0
e From 2022...... 0
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 118,454
a Applied to 2022, but not more than line 2a 112,436
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 6,018
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		106,631
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019.... 0
b Excess from 2020.... 0
c Excess from 2021.... 0
d Excess from 2022.... 0
e Excess from 2023.... 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

FATHER FLANAGAN'S BOY'S HOME

ESTATE ADMINISTRATION
BOYS TOWN,NE680107520 		NONE PC GENERAL SUPPORT 11,244

UNITED STEAM FIRE ENGINE CO

79 SOUTH MARKET STREET
FREDERICK,MD217015524 		NONE PC GENERAL SUPPORT 11,244

HOME FOR THE AGED
C/O WILLIAM TALLEY TREASURER
6227 DERBY DRIVE
FREDERICK,MD217038659 		NONE PC GENERAL SUPPORT 11,244

C BURR ARTZ TRUST
ATTN FINANCE OFFICE MANAGER
110 EAST PATRICK STREET
FREDERICK,MD21701 		NONE PC GENERAL SUPPORT 11,244

FREDERICK HEALTH HOSPITAL INC

400 W 7TH ST
FREDERICK,MD21701 		NONE PC GENERAL SUPPORT 800

UNITED WAY-FREDERICK CO INC
ATTN EXECUTIVE DIRECTOR
BERNARD W BROWN COMM CTR
FREDERICK,MD217015244 		NONE PC GENERAL SUPPORT 11,244

EVANGELICAL REF UN CH-CHRIST
C/O RODNEY MARTIN TREASURER
15 WEST CHURCH STREET
FREDERICK,MD217015408 		NONE PC GENERAL SUPPORT 11,244

ALL SAINTS EPISCOPAL CHURCH
ATTN TREASURER
106 WEST CHURCH STREET
FREDERICK,MD217015411 		NONE PC GENERAL SUPPORT 22,487

FREDERICK WOMAN'S CIVIC CLUB
C/O TREASURER
368 WEST PATRICK STREET
FREDRICK,MD217014856 		NONE PC GENERAL SUPPORT 11,244

HISTORICAL SOCIETY OF

FREDERICK COUNTY
FREDERICK,MD217015402 		NONE PC GENERAL SUPPORT 11,244
Total .................................right arrow 3a 113,239
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 68,753  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 -40,691  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aFEDERAL TAX REFUND 		    1 2,277  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   30,339  
13Total. Add line 12, columns (b), (d), and (e)..................
13
30,339
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 InvestmentsCorpStockSchedule
Name:
ALICE KOLB TAX EXEMPT CHAR TR
EIN:
83-6151744
Name of Stock End of Year Book Value End of Year Fair Market Value
7903107 ADVANCED MICRO DEVICES    
23135106 AMAZON COM INC    
25537101 AMERICAN ELECTRIC POW    
31162100 AMGEN INC    
36752103 ANTHEM INC    
37833100 APPLE INC    
110122108 BRISTOL MYERS SQUIBB    
110448107 BRITISH AMERICAN TOB 4,581 3,808
125523100 THE CIGNA GROUP 2,690 3,593
136069101 CAN IMPERIAL BK OF C 3,541 4,044
166764100 CHEVRON CORPORATION 3,438 3,282
169656105 CHIPOTLE MEXICAN GRI 1,790 4,574
172908105 CINTAS CORP    
191216100 COCA COLA CO 3,183 3,182
231021106 CUMMINS INC    
337738108 FISERV INC 3,643 5,579
370334104 GENERAL MILLS INC    
375558103 GILEAD SCIENCES INC 2,767 3,645
446150104 HUNTINGTON BANCSHARE 5,359 4,999
459200101 INTERNATIONAL BUSINE    
461202103 INTUIT SOFTWARE 1,914 6,875
494368103 KIMBERLY-CLARK CORP 6,378 5,589
550021109 LULULEMON ATHLETICA    
594918104 MICROSOFT CORP 11,189 45,501
636274409 NATIONAL GRID GROUP 8,018 7,887
654106103 NIKE INC CLASS B    
713448108 PEPSICO INC    
717081103 PFIZER INC 6,037 4,347
718172109 PHILIP MORRIS INTERN 7,829 9,126
744573106 PUBLIC SERVICE ENTER    
776696106 ROPER TECHNOLOGIES I 2,262 4,361
778296103 ROSS STORES INC 1,787 2,906
842587107 SOUTHERN CO 4,148 6,100
848637104 SPLUNK INC    
863667101 STRYKER CORP 1,160 2,096
904767704 UNILEVER PLC W/I SPO 2,390 2,569
00206R102 AT&T INC 5,992 5,135
00287Y109 ABBVIE INC 2,591 5,579
00724F101 ADOBE INC 1,619 1,790
01609W102 ALIBABA GROUP HOLDIN    
02079K107 ALPHABET INC/CA-CL C 10,342 25,508
05534B760 BCE INC ISIN CA05534 7,674 6,655
09857L108 BOOKING HOLDINGS INC    
17275R102 CISCO SYSTEMS INC    
22822V101 CROWN CASTLE INC 5,169 4,147
23804L103 DATADOG INC - CLASS    
25746U109 DOMINION ENERGY INC 7,908 5,687
26441C204 DUKE ENERGY HOLDING 6,848 8,345
29250N105 ENBRIDGE INC SEDOL 2 7,769 7,384
30231G102 EXXON MOBIL CORP    
30303M102 META PLATFORMS INC 7,926 13,804
31428X106 FEDEX CORPORATION    
31620M106 FIDELITY NATIONAL IN    
34959J108 FORTIVE CORP    
37940X102 GLOBAL PAYMENTS INC-    
40412C101 HCA HEALTHCARE INC    
45337C102 INCYTE CORPORATION    
46120E602 INTUITIVE SURGICAL I 3,066 5,735
46625H100 JPMORGAN CHASE & CO    
57636Q104 MASTERCARD INC CL A 4,835 8,530
58933Y105 MERCK & CO INC    
64110L106 NETFLIX INC 3,493 5,356
67066G104 NVIDIA CORP 6,290 20,799
69351T106 PPL CORPORATION 3,300 3,035
70432V102 PAYCOM SOFTWARE INC    
70450Y103 PAYPAL HOLDINGS INC-    
7591EP100 REGIONS FINANCIAL CO    
78409V104 S&P GLOBAL INC    
79466L302 SALESFORCE INC 1,743 3,684
81141R100 SEA LTD-ADR ADR SEDO    
81762P102 SERVICE NOW INC 2,207 6,358
83304A106 SNAP INC - A    
87807B107 TC ENERGY CORPORATIO 6,214 5,394
88032Q109 TENCENT HOLDINGS LTD    
88579Y101 3M COMPANY    
89400J107 TRANSUNION    
91324P102 UNITEDHEALTH GROUP I 7,708 10,003
92343V104 VERIZON COMMUNICATIO 10,704 8,671
92532F100 VERTEX PHARMACEUTICA    
92826C839 VISA INC CLASS A SHA 6,100 10,414
92857W308 VODAFONE GROUP PLC-S    
98138H101 WORKDAY INC CL A    
G29183103 EATON CORP PLC SEDOL    
H1467J104 CHUBB LTD SEDOL B3BQ 2,901 3,164
L8681T102 SPOTIFY TECHNOLOGY S 2,927 3,007
N07059210 ASML HOLDING NV-NY S 1,071 5,298
N3167Y103 FERRARI NV - W/I SED 1,085 2,369
007903107 ADVANCED MICRO DEVIC 1,538 4,275
00832J102 AFTERPAY LTD - UNSP    
023135106 AMAZON COM INC 15,317 27,349
025537101 AMERICAN ELECTRIC PO 5,564 5,198
031162100 AMGEN INC 4,124 5,472
036752103 ANTHEM INC    
037833100 APPLE INC 10,314 32,153
205887102 CONAGRA BRANDS INC 3,322 2,723
253868103 DIGITAL RLTY TR INC    
25809K105 DOORDASH INC - A    
30744W107 FARFETCH LTD-CLASS A    
368736104 GENERAC HOLDINGS INC    
517834107 LAS VEGAS SANDS CORP 1,451 1,230
532457108 ELI LILLY & CO 4,613 10,493
539830109 LOCKHEED MARTIN CORP    
57667L107 MATCH GROUP INC    
60937P106 MONGODB INC 2,464 2,044
756109104 REALTY INCOME CORP 3,075 2,641
76954A103 RIVIAN AUTOMOTIVE IN 16,562 3,847
771049103 ROBLOX CORP -CLASS A    
874039100 TAIWAN SEMICONDUCTOR    
879360105 TELEDYNE TECHNOLOGIE 3,807 4,463
89151E109 TOTALENERGIES SE 8,542 10,848
89832Q109 TRUIST FINANCIAL COR 6,910 5,058
902973304 US BANCORP DEL COM N 6,702 6,146
90364P105 UIPATH INC - CLASS A    
931427108 WALGREENS BOOTS ALLI    
969457100 WILLIAMS COMPANIES I 5,693 7,488
98980L101 ZOOM VIDEO COMMUNICA    
009279100 AIRBUS SE ADR 2,380 3,317
016255101 ALIGN TECHNOLOGY INC    
049468101 ATLASSIAN CORP CL A 2,218 1,665
189054109 CLOROX CO    
30212P303 EXPEDIA GROUP INC    
444859102 HUMANA INC    
493267108 KEYCORP NEW    
911312106 UNITED PARCEL SERVIC 4,521 3,931
G0250X107 AMCOR PLC SEDOL BJ1F 4,169 3,422
G5960L103 MEDTRONIC PLC SEDOL 3,691 3,789
N53745100 LYONDELLBASELL INDUS 6,886 7,321
04016X101 ARGENX SE - ADR ADR 1,942 1,902
268150109 DYNATRACE INC 1,431 1,531
29364G103 ENTERGY CORP NEW 4,629 4,452
49177J102 KENVUE INC 2,974 3,165
512807108 LAM RESEARCH CORP 1,874 3,133
704326107 PAYCHEX INC 2,018 2,025
72352L106 PINTEREST INC- CLASS 1,665 2,778
742718109 PROCTER & GAMBLE CO 2,478 2,345
80105N105 SANOFI SPONSORED ADR 3,284 3,382
82509L107 SHOPIFY INC - A W/I 1,761 2,259
872590104 T-MOBILE US INC 2,685 3,046
88160R101 TESLA INC 4,870 5,218
883556102 THERMO FISHER SCIENT 1,680 1,592
98389B100 XCEL ENERGY INC 3,086 3,219
G1151C101 ACCENTURE PLC CLASS 2,130 2,456
G54950103 NEW LINDE PLC SEDOL 1,309 1,643

TY 2023 InvestmentsOtherSchedule2
Name:
ALICE KOLB TAX EXEMPT CHAR TR
EIN:
83-6151744
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
57071813 BAIRD MIDCAP INST      
256206103 DODGE & COX INTERNAT AT COST 64,727 69,204
256210105 DODGE & COX INCOME F AT COST 100,400 100,880
464287234 ISHARES MSCI EMERGIN AT COST 42,914 40,130
464287630 ISHARES RUSSELL 2000 AT COST 21,284 33,396
552983694 MFS VALUE FUND CLASS      
592905749 METROPOLITAN WEST UN AT COST 93,403 81,224
779562107 T ROWE PRICE NEW HOR      
779919109 T ROWE PRICE REAL ES      
880208772 TEMPLETON GLOBAL BON      
949915482 WELLS FARGO SPECIAL      
04314H675 ARTISAN INTERNATIONA      
09251M504 BLACKROCK FUNDS EQUI AT COST 56,997 60,565
09260B630 BLACKROCK HIGH YIELD      
31423A671 FEDERATED HERMES INT AT COST 81,067 77,886
31428Q101 FEDERATED HERMES TOT      
38143H720 GOLDMAN SACHS EQ DIV      
52106N459 LAZARD GLOBAL LISTED AT COST 91,326 93,688
92837F763 VIRTUS SEIX FLOATING      
04314H402 ARTISAN INTERNATIONA AT COST 49,606 56,028
057071813 BAIRD MIDCAP INST AT COST 56,455 91,822
09252M883 BLACKROCK TOTAL RETU      
316092857 FIDELITY REAL ESTATE      
38150C804 GLDMN SCH US EQ DVD AT COST 81,785 129,234
46090E103 INVESCO QQQ TRUST ET      
55273H353 MFS VALUE FUND-R6 AT COST 82,882 166,176
552746364 MFS EMERGING MKTS DE AT COST 51,966 42,101
74440Y884 PGIM HIGH YIELD FUND AT COST 48,894 41,833
779562206 T ROWE PR NEW HORIZO AT COST 16,698 26,468
77958B402 T ROWE PRICE INSTITU      
94987W513 ALLSPRING SPECIAL MI AT COST 34,112 53,048
957663669 WESTERN ASSET CORE P AT COST 268,129 213,718
464287200 ISHARES CORE S&P 500 AT COST 196,310 243,591
09260B382 BLACKROCK STRATEGIC AT COST 81,820 83,053
46429B267 ISHARES U S TREASURY AT COST 97,238 97,897

TY 2023 OtherDecreasesSchedule
Name:
ALICE KOLB TAX EXEMPT CHAR TR
EIN:
83-6151744
Description Amount
2023 TRANSACTION POSTED IN 2024 2,350
PY RETURN OF CAPITAL BASIS ADJUSTMENT 226
RETURN OF CAPITAL ADJUSTMENT 149


TY 2023 OtherExpensesSchedule
Name:
ALICE KOLB TAX EXEMPT CHAR TR
EIN:
83-6151744
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MAP MANAGEMENT FEES 1,369 1,369   0
ADR SERVICE FEES 29 29   0


TY 2023 OtherIncomeSchedule2
Name:
ALICE KOLB TAX EXEMPT CHAR TR
EIN:
83-6151744
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
FEDERAL TAX REFUND 2,277 0  


TY 2023 OtherIncreasesSchedule
Name:
ALICE KOLB TAX EXEMPT CHAR TR
EIN:
83-6151744
Description Amount
2022 TRANSACTIONS POSTED IN 2023 4,126
2023 SALES POSTED IN 2024 153
ROUNDING 6


TY 2023 TaxesSchedule
Name:
ALICE KOLB TAX EXEMPT CHAR TR
EIN:
83-6151744
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 611 611   0
FEDERAL ESTIMATES - PRINCIPAL 526 0   0
FOREIGN TAXES ON QUALIFIED FOR 562 562   0
FOREIGN TAXES ON NONQUALIFIED 88 88   0